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30-10-2014 22:52:00 | by: Administrator | hits: 19348792 | Tags:

Standard Chartered Bank invests $ 1.46 billion to fund Tanzania’s Standard Gauge Railway project
14-02-2020 | 06:41:00
The Government of Tanzania Ministry of Finance has signed a facility agreement with Standard Chartered Tanzania for a $ 1.46 billion term loan financing to fund the construction of the Standard Gauge Railway.
EIB supports upgrading of Tanta - EL Mansoura - Damietta railway in Egypt
10-02-2020 | 15:00:00
The EIB and the Egyptian Ministry of International Cooperation have signed an agreement to provide up to EUR 1.5 million for a Feasibility Study for the Tanta-El Mansoura-Damietta Rail project.
Haejeon Industrial secures $18.3 million contract to construct dam in Mali
06-02-2020 | 06:53:00
Haejeon Industrial Co., Ltd. has secured a $18.3 million contract to construct a large dam in Mali, Africa in a joint venture with industry partner Samsung C & T Corp.
Banque Misr, partners to fund for low-income earners housing units in Egypt
05-02-2020 | 14:49:00
Banque Misr signed a cooperation protocol with the Social Housing Fund, Real Estate Finance and Misr Express for Development and Trade (Zaher), to fund for housing units for low-Income earners in Egypt.
African Development Fund approves $34.7 million for renewable energy in Liberia
05-02-2020 | 09:03:00
The African Development Fund (ADF) has approved a $34.74 million grant and loan to boost renewable energy access and promote an attractive investment climate in Liberia.
Construction of €1.2 million Eswatini trade hub reaches 70% completion
03-02-2020 | 12:48:00
The construction of the Inlanganisela Yabomake Trade Hub in Manzini, of the Kingdom of Eswatini has reached an advanced stage with over 70% of works being completed.
[South Africa] Sasol signs Partnership Framework Agreements with Wood & Worley
31-01-2020 | 07:10:37
Sasol’s Group Technology announces the signing of partnership framework agreements with the Engineering Contractors (ECs) Wood South Africa (Pty) and Worley Matasis (Pty).
Gigawatt Global begins construction on Burundi’s grid-connected solar field
28-01-2020 | 09:19:00
Gigawatt Global’s 7.5MW solar plant in Burundi becomes the first grid-connected project supported by the Renewable Energy Performance Platform (REPP) to begin full construction.
[Kenya] TMEA, Mombasa County Government inject $2.7m funding for road construction
23-01-2020 | 07:32:00
TradeMark East Africa (TMEA) and the Mombasa County Government inked a US$2.7 million financing deal towards construction of the Mbaraki-Nyerere Road.
World Bank reiterates support to Egypt's development priorities
21-01-2020 | 13:31:46
A World Bank Group delegation of Executive Directors concluded a four-day visit to Egypt and expressed its commitment to continue supporting Egypt's development priorities.
UK exports boost infrastructure projects in Africa
21-01-2020 | 09:45:00
The International Trade Secretary announced at the UK-Africa Investment Summit that UK Export Finance (UKEF) has provided financing worth £620 million to support UK exports to Ghana, Zambia, Gabon and Uganda.
UK aid to help build green cities across Africa with quality infrastructure
15-01-2020 | 11:25:53
The International Development Secretary pledged new UK aid support to build the African cities of the future, so the continent can continue to thrive and reach its economic potential.
BADEA,Tanzania partner to enhance construction and equipping of schools in Zanzibar
02-01-2020 | 08:53:00
The Arab Bank for Economic Development in Africa (BADEA) and the United Republic of Tanzania signed a loan agreement of US$ 13.5 million to contribute to the Construction and Equipping of Secondary Schools Project in Zanzibar.
[Nigeria] Michel Puchercos appointed Group CEO of Dangote Cement, Joseph Makoju retires
30-12-2019 | 08:19:00
The Group Managing Director/CEO of Dangote Cement., Engr. Joseph Makoju will retire as GMD/CEO effective January 31, 2020, a position he has held since 2018; according to a report from the Nigerian Stock Exchange.
Over 3 million people from Kenya, Tanzania to benefit from AfDB €345M road construction support
19-12-2019 | 13:35:00
Over three million people from Tanzania and Kenya will benefit from a €345 million financing package for road construction support, approved by the African Development Bank’s (AfDB) board.
OPEC Fund approves $310m to finance new development projects across the globe
12-12-2019 | 07:05:00
The Governing Board of the OPEC Fund for International Development (the OPEC Fund) has approved US$310 million of new funding to benefit developing countries across the globe.
First homes in Kenya ready in landmark affordable housing initiative
10-12-2019 | 12:06:00
Kenyan President Uhuru Kenyatta launched the first project as part of an ambitious 100,000 affordable homes agreement between the government of Kenya, UNOPS, and Sustainable Housing Solutions.
[South Africa] Dti set to launch specialised industrial facility in Gauteng
05-12-2019 | 13:36:00
The Department of Trade and Industry (the dti), will launch the Specialised Industrial Facility (SIF) at the Ekurhuleni East Technical Vocational Education and Training (TVET) College, in Springs, Gauteng on Friday, 6 December 2019.
[Nigeria] NNPC, China Pipeline Company, Brantex Consortium, conclude plans for construction project
28-11-2019 | 08:29:00
The Nigerian National Petroleum Corporation, China Petroleum Pipeline Engineering Company Limited and Brantex Consortium, have concluded plans for the commencement of work on the Abuja-Kaduna- Kano pipeline project.
LafargeHolcim expands affordable housing solutions in Africa
28-11-2019 | 07:13:00
Global building materials and solutions company LafargeHolcim is increasing its commitment to provide low-carbon and affordable housing solutions in Africa.
Equatorial Guinea to construct a gas megahub project
27-11-2019 | 14:42:35
Equatorial Guinea’s government has announced its plans to construct a natural gas megahub project.
[Kenya] Supply-demand imbalances sustain house prices decline streak, KBA-HPI
26-11-2019 | 10:16:00
The Kenyan house prices remained in the negative territory during the third quarter of 2019, in what the latest Kenya Bankers Association House Price Index (KBA-HPI) has attributed to supply-demand imbalances.
IFC, development partners make healthcare investment in East and Southern Africa
26-11-2019 | 06:22:00
IFC and IFHA-II Coöperatief U.A., a private equity fund focused on health care in Sub-Saharan Africa, launched a $115 million holding company to acquire and integrate targeted health care service businesses in East and Southern Africa.
World Bank support Madagascar improve transport connectivity, access to social and economic opportunities
20-11-2019 | 07:16:00
The World Bank approved $140 million in support of Madagascar’s efforts to enhance transport connectivity in selected rural areas and to improve access to social and economic opportunities of communities.
[Egypt] Orascom announces full commercial operation of Ras Ghareb wind farm
06-11-2019 | 07:37:00
Orascom Construction has announced that the construction and commissioning at Ras Ghareb Wind Energy project in Egypt is complete 45 days ahead of schedule.
OPEC Fund signs US$85m loan agreements for 4 African countries
24-10-2019 | 06:55:00
The OPEC Fund Director-General Dr Alkhalifa signed a public sector loan agreements totaling US$85m with beneficiary countries Benin, Liberia, Senegal and Sierra Leone.
[Kenya] JICA port road and bridge project opens up Mombasa’s port to the world
16-10-2019 | 14:30:00
Mombasa is Kenya’s global gateway and plays an important role as the logistics and economic hub for East Africa. With its strategic location, the port and its infrastructure projects are attracting a lot of international investment.
[South Africa] NRCS confiscates non-compliant cements, calls for nation-wide recall
09-10-2019 | 08:08:00
The National Regulator for Compulsory Specifications (NRCS) confiscated thousands of cement bags which were found to be non-compliant with the requirements of the compulsory specification on cement.
[Egypt] Hyatt announces plans to open Hyatt Regency Cairo West in 2020
08-10-2019 | 14:12:00
Hyatt Hotels Corporation announced that a Hyatt affiliate has entered into a franchise agreement with ALDAU Development group for a Hyatt-branded hotel in Cairo, Egypt.
Global building analytics market to reach $12.6 Billion by 2025, Zion Market Research
04-10-2019 | 11:05:15
Zion Market Research has published a new report titled “Building Analytics Market By Component.
AfDB approves loans of €209 million for expansion of highway that links Kenya’s major economic hubs
04-10-2019 | 09:35:00
The Board of Directors of the African Development Bank Group has approved loans of around €209 million to fund the expansion of a highway that links major economic hubs in Kenya.
OPEC Fund supports Rwanda’s water and sanitation infrastructure with US$20m loan
01-10-2019 | 11:27:00
The Director-General of the OPEC Fund for International Development (the OPEC Fund) Dr Abdulhamid Alkhalifa has signed a US$20 million loan agreement to support water and sanitation infrastructure in Rwanda.
EXIM approves $5 billion to finance U.S. exports to Mozambique LNG project
01-10-2019 | 09:07:00
The board of directors of the EXIM voted unanimously to authorize a direct loan of up to $5 billion to support the export of U.S. goods and services from multiple states for development and construction of an integrated LNG project in Mozambique.
Kenya, Ivory Coast named rising stars of global trade
26-09-2019 | 11:02:00
Ivory Coast tops the list as Kenya comes 3rd in the 2019 Standard Chartered Bank Trade20 Index as markets with the greatest potential for future trade growth.
Ghana Cocoa Board signs agreement with China company to establish processing factory
19-09-2019 | 06:17:00
The Ghana Cocoa Board (COCOBOD) has signed an agreement with the China General Technology Group for the establishment of a cocoa processing factory in Ghana.
Angola presents a wealth of business opportunities for the South African private sector, Commerce Minister
12-09-2019 | 06:37:00
Angola Commerce Minister Dr Joffre Van-Dunem Junior said that Angola is a trade and investment destination for the South African companies keen on investing and doing business in the country.
South Africa business delegation seek for trade and investment opportunities in Angola
10-09-2019 | 06:32:00
A South African business delegation is in Luanda, Angola in search of export market as part of the Outward Trade and Investment Mission.
Kenya to enhance and expedite cooperation with Japan
27-08-2019 | 07:00:58
The Government of Kenya supports the strengthening of bilateral relations with the Government of Japan.
The expanded Walvis Bay Port to net more tourists in Namibia
15-08-2019 | 09:44:13
With its sand dunes and abundant birdlife, Walvis Bay is already an important centre of tourism activity in Namibia.
Japan and UNIDO to build equipment operator training centre in Uganda
13-08-2019 | 08:15:00
The United Nations Industrial Development Organization (UNIDO) will establish a training centre for operators of construction equipment in Luwero, Uganda.
Accor to raise first MGallery flag in Nairobi as East Africa expansion plans gain momentum
13-08-2019 | 05:42:47
Accor, a world-leading augmented hospitality group, is building out its presence in East Africa having signed an agreement to manage its first MGallery Hotel Collection property in Nairobi, Kenya.
African Development Bank and Ethiopia sign agreement for first phase of Ethiopia–Djibouti transport corridor
08-08-2019 | 07:58:43
The government of Ethiopia and the African Development Bank Group have signed a $98 million grant agreement from the African Development Fund (ADF) to help finance phase one of the Ethiopia–Djibouti Road Transport Corridor Project.
Tanzania enters deal with Chinese firms for construction of modern bridge
08-08-2019 | 06:54:00
Tanzania has signed a deal with Chinese groups China Civil Engineering Construction Corporation and China Railway 15th Bureau Group for the construction of a 3.2 kilometre bridge over parts of Lake Victoria.
IFC partners with Protea Hotels to develop tourism sector in Zambia
23-07-2019 | 12:21:00
IFC, a member of the World Bank Group, today announced a loan to Protea Hotels Zambia, a subsidiary of conglomerate Union Gold Zambia, to build and operate a hotel and conference center in the outskirts of Lusaka.
[Kenya] Credit Bank receives $8 million facility from AfDB for SMEs lending
19-07-2019 | 06:05:00
The Board of Directors of the African Development Bank Group has approved a $8 million-targeted financing to Kenya's Credit Bank for lending exclusively to small and medium enterprises.
Engineering insurance to grow with Kenya’s infrastructure projects under Agenda 4, Kenindia
18-07-2019 | 11:42:00
Growth is expected to be seen in the engineering insurance as Kenya embarks on completing its construction and infrastructure projects under the Agenda 4, says Kenindia.
Expro awarded subsea contract by pacific Santa Ana, offshore Mauritania
16-07-2019 | 07:22:00
International oilfield services company Expro has been awarded a contract by Pacific Drilling LLC’s subsidiary, Pacific Santa Ana, for the provision of an Intervention Riser System for PETRONAS’s Chinguetti Field Phase II plug.
Ghana to introduce nuclear power into the energy mix, project to take 10-15 years
09-07-2019 | 09:15:00
The Government of Ghana has announced plans to introduce nuclear power into the country’s energy mix and will take between 10 to 15 years for the realization of the vision to ensure affordable energy for industrial development.
African Development Fund improving and impacting lives of millions in Africa, beneficiaries
09-07-2019 | 08:00:00
Established to provide concessional buffer to needy economies on the continent, ADF is not only facilitating rapid roll-out of development projects, but its investments continue to transform and sustain lives, beneficiaries say.
[Nigeria] LEKOIL, Green Energy International signs the Otakikpo Joint Venture MoU with Schlumberger
02-07-2019 | 06:10:00
LEKOIL, the oil and gas exploration and development company with a focus on Nigeria and West Africa, is pleased to announce the Otakikpo Joint Venture between Green Energy International Limited (GEIL) and LEKOIL.
AGCO and AT Capital partner to develop PAM Agri-Industry Park in Mozambique
25-06-2019 | 13:49:36
AGCO and AT Capital S.A have signed a memorandum of understanding to collaborate and work together towards the implementation of the Parque Agro-industrial de Moamba (PAM) Agri-Industry Park in Maputo, Mozambique.
Rwanda and China sign $43 million agreement to finance infrastructure
19-06-2019 | 06:50:00
Rwanda and China have signed a $42.8 million agreement to finance the expansion and rehabilitation of 10 km Prince house- Giporoso- Masaka road.
Africa to benefit from OFID's approval of US$580m for operations in developing countries
13-06-2019 | 10:34:00
OFID, the OPEC Fund for International Development, has approved more than US$580 million of new funding to benefit developing countries across the globe, including Africa.
DBSA sees Ghana as key in building Africa’s prosperity
11-06-2019 | 10:42:00
Speaking during the Development bank of South Africa (DBSA) Investment Summit in Ghana, the South African High Commissioner to Ghana stated that South Africa regards Ghana as a strategic partner on the continent.
South Sudan inaugurates European Union-funded bridge in Warrap State
11-06-2019 | 08:38:00
The United Nations World Food Programme (WFP) and the European Union (EU) officially handed over the completed Kwacjok Bridge to the Government of South Sudan that links Lunyaker, Kwacjok and Kangi regions.
AfDB debars Qualitrends Global Solutions Nigeria for 36 months for fraudulent practices
04-06-2019 | 09:49:09
The African Development Bank Group has announced the debarment of Qualitrends Global Solutions Nigeria Limited, a construction company registered in Nigeria, for a period of 36 months.
Afreximbank expresses interest in Brazzaville-Kinshasa Bridge
03-06-2019 | 05:53:27
The African Export-Import Bank is interested in participating in the syndicated facility for the construction of the bridge between Brazzaville and Kinshasa to link the two Congos.
Credit constraints push growth of house prices to five-year low, Kenya Bankers Association
30-05-2019 | 07:39:00
The rate of growth in house prices went down by 2.78 percent during the first Quarter of 2019, in what also marked the third decline since the Kenya Bankers Association House Price Index (KBA-HPI) base period.
The National Treasury & Planning launches Kenya Mortgage Refinance Company
28-05-2019 | 10:25:00
The National Treasury is contributing to the Affordable Housing agenda through the establishment of a liquidity facility, the Kenya Mortgage Refinance Company (KMRC) in order to address inherent financing challenges.
China Trade Week to attract more investors to Ghana
23-05-2019 | 13:48:31
Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC)- Yofi Grant, says his outfit is seeking to use the China Trade Week to attract more investments to Ghana.
[Uganda] KCCA flags off construction of five roads
16-05-2019 | 14:00:00
The Kampala Capital City Authority (KCCA) has flagged off a new set of roads to two international firms to start construction work.
ECA signs $28 million contract with supplier to commence Africa Hall renovations
13-05-2019 | 06:59:52
The Economic Commission for Africa (ECA) has signed a contract with three companies for the multi-million dollar works to revamp the historic Africa Hall.
Ethiopia, Rwanda and Kenya to drive Sub-Saharan Africa construction sector growth, report
08-05-2019 | 06:39:00
Sub-Saharan Africa construction activity is forecast to grow across the region, despite a number of significant risk factors that threaten to limit economic growth in the region accordin to Mace’s latest Market report.
Huawei, Egyptian government to promote digital ecosystem development in Egypt
25-04-2019 | 09:08:00
The Egyptian Prime Minister and the Chairman of Huawei’s Supervisory Board met at the Prime Minister's Office and conducted in-depth talks regarding new capital smart city construction related technologies.
Vivo Energy Uganda commissions Fuel & Lubes Management Systems
18-04-2019 | 09:30:00
Vivo Energy Uganda has officially handed over a Fuel and Lubricants Management System to its commercial customers Markh Investments in Ntinda and Q3 Holdings in Bweyogerere.
[South Africa] R49 million Ekandustria Industrial Park key in linking markets, Trade Minister
16-04-2019 | 07:07:00
The South Africa Minister for Trade and Industry said the launch of the R49 million Ekandustria Industrial Park is recognised as a potential catalyst for broader economic and industrial development.
NDB ramps up operations in South Africa, supporting sustainable infrastructure development
11-04-2019 | 07:31:00
In line with its mandate of mobilizing resources for infrastructure and sustainable development projects, the New Development Bank (NDB) is ramping up operations in South Africa and strengthening its project pipeline in the country.
[Liberia] GLS - NAS breaks ground at Roberts International Airport
09-04-2019 | 14:59:00
GLS and NAS joint venture company GLS – NAS broke ground for a new 2,700 square meter cargo terminal at Roberts International Airport in Monrovia, Liberia.
NAS to launch ground handling and cargo services in Mozambique
09-04-2019 | 14:27:00
National Aviation Services (NAS), the fastest growing aviation services provider in the emerging markets will offer comprehensive ground handling and cargo services in Mozambique beginning July 2019.
AfDB approves €12.5 million investment in West Africa
28-03-2019 | 12:12:00
AfDB has approved a €12.5 million equity investment in Adiwale Fund 1, a first-generation private equity fund targeting high growth potential Small and Medium Sized Enterprises in Francophone West Africa.
James Dutton appointed Bechtel Regional President for Africa
28-03-2019 | 09:23:00
Global engineering, construction, and project management company Bechtel has appointed Sir James Dutton regional president for Africa.
[Uganda] Kampala edges 12 African Cities to claim lead role in the Africa Smart Towns Network
26-03-2019 | 11:10:00
Kampala City has been selected as the lead among the Twelve African cities in the Africa Smart Towns Network following a competitive submission to the call for applications by the French Development Agency early this year.
Square Kilometre Array milestone reached in South Africa with adoption of environmental management plan
26-03-2019 | 09:43:00
The Department of Science and Technology has welcomed the adoption of the Integrated Environmental Management Plan for phase one of the Square Kilometre Array in South Africa.
AfDB Multi-Partner Somalia Infrastructure Fund to receive €1 million from Italy
21-03-2019 | 07:19:00
The Italian Government has signed an agreement for an additional €1 million contribution to the AfDB Multi-Partner Somalia Infrastructure Fund.
South Africa companies to seek trade and investment opportunities in Ghana
19-03-2019 | 07:11:00
Twenty-seven South African companies will get an opportunity to explore trade and investment opportunities in Ghana when they participate in an Outward Trade and Investment Mission from 24-30 March 2019.
NNPC to build fertilizer plants in Brass, additional power plants in Abuja, Kaduna, Kano
11-03-2019 | 09:56:00
The Nigerian National Petroleum Corporation has expressed its preparedness to build additional Independent Power Plants (IPP) in Abuja, Kaduna and Kano which is expected to add 4,0000 megawatts of power to stabilize the national grid.
UKEF supports UK firms to develop critical Ghanaian infrastructure
05-03-2019 | 10:19:00
International Trade Secretary Dr Liam Fox announced that UK Export Finance (UKEF) will support UK firms with £130 million for three projects in Ghana.
ECOWAS, AfDB sign funding agreement for the $22.7 million Abidjan-Lagos highway corridor
05-02-2019 | 11:25:35
ECOWAS) and AfDB have signed the $22.7 Million grant retrocession agreement for the 6-lane Abidjan-Lagos Corridor Development Project in Abuja, Nigeria.
[Interview] Seth Mundhe, Founder, Ejenzi Africa, Kenya
05-02-2019 | 10:04:00
After years of experience working in the construction industry, Seth Mundhe identified a need in the market and set up an online marketplace to satisfy it.
Afreximbank lends $170 million to Orascom for Pan African expansion
18-01-2019 | 08:34:02
The African Export-Import Bank (Afreximbank) has signed a facility agreement lending $170 million to Egypt-based conglomerate Orascom Investment Holding.
[Gabon] AfDB invests €40 million to modernize port of Owendo
08-01-2019 | 06:15:00
The African Development Bank has invested €40 million to modernize the Owendo International Port.
Senegal receives 51 million euros from the AfDB to finance a power plant
29-11-2018 | 15:39:36
The Board of Directors at the African Development Bank (AfDB) have agreed to a first rank loan of 51.26 million euros to finance the construction of a power plant in Malicounda, Senegal.
AfDB approves €17.96 million Ring-Road project to improve socio-economic growth in Cameroon
29-11-2018 | 08:05:00
The African Development Bank (AfDB) has approved a €17.96 million loan to the Republic of Cameroon to finance the construction of a Ring-Road Project in the North-West Province of the country.
African Development Fund approves $322 million for road upgrading projects in Burundi and Tanzania
23-11-2018 | 06:13:46
The Boards of Directors of the African Development Bank Group have approved S$322.35 million loans and grant to Burundi and Tanzania.
Power tariffs, Asian imports take a toll on East Africa cement market, report
20-11-2018 | 10:15:00
The East Africa cement market reached a volume of 14.4 Million tonnes in 2017.
[Egypt] TechnipFMC enters deal with MIDOR for modernization of complex
09-11-2018 | 08:35:00
TechnipFMC has signed an Engineering, Procurement, and Construction (EPC) contract with Middle East Oil Refinery (MIDOR) for the modernization of existing complex near Alexandria, Egypt
South Africa’s investment climate is improving, Trade and Industry Minister
08-11-2018 | 06:06:00
The Minister of Trade and Industry, Dr Rob Davies, says foreign investment if targeted and nurtured can drive economic growth and in turn contribute to much needed job creation and economic inclusion for all.
OFID signs loan agreements of $80 million with Benin, Niger and China
23-10-2018 | 13:05:00
OFID – the OPEC Fund for International Development – has signed public sector loan agreements totaling more than $80 million. The agreements were signed by OFID Director-General Suleiman J Al-Herbish and ministers from the beneficiary countries.
[Kenya] Tatu City Industrial Park records sustained demand for space
23-10-2018 | 06:25:00
The first phase of Tatu Industrial Park is nearly sold out, as demand for high-quality land for manufacturing, logistics and warehousing in the northern growth corridor of Nairobi increases at a record pace.
BP awards KBR FEED contract for Tortue project in Senegal
16-10-2018 | 11:22:33
American engineering and construction company KBR, Inc. has announced that its UK operating subsidiary has been awarded a Front End Engineering Design (FEED) contract by BP for Phase 1 of the Tortue field Hub on the maritime border between Senegal and Mauritania.
DP begins construction of Berbera port in Somaliland
12-10-2018 | 11:32:32
Construction work on the development of the multi-purpose Berbera port in the Republic of Somaliland has started with a special ground-breaking ceremony to mark the occasion.
[Nigeria Business Week] Calling for free-trade, efficient energy
11-10-2018 | 12:34:00
The possibility of free trade within Africa is an ongoing one, to which several African countries have pledged their support and signed their agreements. Though Nigeria has shown caution in joining The Agreement, its one champion is Aliko Dangote, Nigerian industrialist and wealthiest African.
[Nigeria Business Week] Forging bonds at new levels, China bets higher
06-09-2018 | 20:46:00
At first glance, it seems business as usual, but that could not be farther from reality. Business has never been more positive, rapid, nor disruptive.
[Kenya] National Construction Week to support govt's big four agenda
30-08-2018 | 12:10:53
Kenya’s second National Construction Week at Kenyatta International Convention Centre from 7-9 November 2018, is set to enhance contribution of the construction industry towards the Big Four Agenda.
Mota-Engil Nigeria formed to implement construction contracts
03-08-2018 | 06:25:51
A new African construction entity, Mota-Engil Nigeria, has been formed to catalyze growth in the local market by focusing on execution of construction contracts and trade enabling infrastructure.
[Nigeria Business Week] Towards self-dependence, reduced importation
27-07-2018 | 12:34:00
As industries grow, so does the job market, consumer satisfation and investor confidence. Nigeria is gaining a reputation as fertile ground for both business expansion and takeoff point for startups.
Kenya government introduces tax relief to boost affordable housing
19-07-2018 | 06:01:48
President Uhuru Kenyatta has signed into law a Bill creating a 15 percent tax relief for Kenyans buying houses under the Affordable Housing Scheme.
[Kenya Business Week] Tackling illicit financial flows
12-07-2018 | 10:34:00
In one of the most historic developments in the country, President Uhuru Kenyatta and his Swiss counterpart Alain Berset have overseen the signing of a key agreement that clears the way for the recovery of assets acquired through corruption and crime in Kenya
DP World considering logistics facility in Ethiopia
02-07-2018 | 13:00:44
DP World is considering setting up a logistics facility in landlocked Ethiopia to handle goods from a port it is developing in the semi-autonomous region of Somaliland, according to United Arab Emirates state news agency, WAM.
[Nigeria] Femab Properties and civil servants body in housing deal
28-06-2018 | 08:52:54
Williamsville Sears Management’s recently acquired subsidiary Femab Properties Limited has entered into an MOU with the Association of Senior Civil Servants of Nigeria Ministry of Defense Abuja to develop over 1,000 houses for their members.